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SolarEdge Appoints New Director to Its Board

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SolarEdge Technologies, Inc. (NASDAQ: SEDG) has appointed Mr. Dirk Carsten Hoke to its board of directors. Hoke brings over 25 years of experience, including his role as CEO of Airbus Defence and Space. His diverse background spans various industries, enhancing the board's expertise. The appointment aligns with SolarEdge's goal of fostering innovative perspectives within its leadership. Chairman Nadav Zafrir expressed confidence in Hoke's potential contributions, while the Nominating Committee emphasized the importance of diverse skill sets in driving the company's strategic direction.

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  • Appointment of Dirk Carsten Hoke enhances board expertise with over 25 years of leadership experience.
  • Hoke's diverse background in electronics and transportation may provide valuable insights for SolarEdge's strategic initiatives.
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  • None.

MALPITAS, Calif. & HERZLIYA, Israel--(BUSINESS WIRE)-- SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy, announced today the appointment of Mr. Dirk Carsten Hoke as a member of the board of directors. The appointment was approved unanimously by the board of directors.

Mr. Dirk Carsten Hoke (Photo: Business Wire)

Mr. Dirk Carsten Hoke (Photo: Business Wire)

Mr. Hoke’s career spans more than 25 years and five continents in various industries. Most recently Mr. Hoke served from 2016 until 2021 as the Chief Executive Officer of Airbus Defence and Space and was also a member of Airbus’ Global Executive Committee. Prior to that, he held various executive positions at Siemens, including General Manager for the Transrapid Propulsion and Power Supply Subdivision, President of Siemens Transportation Systems China, Chief Executive Officer of Siemens Africa, Chief Executive Officer Industrial Solutions, Chief Executive Officer Customer Services and Chief Executive Officer Large Drives.

Mr. Hoke resides in Germany and serves on the Board of Advisors of Voyager Space and on the Board of Directors of Spire Global. He is the designated CEO of Volocopter.

He holds a degree in Mechanical Engineering from the Technical University of Brunswick, Germany and is an Alumni of the Young Global Leader Program of the World Economic Forum.

“We are very pleased to welcome Mr. Dirk Hoke to our board. His operational and leadership experience in multiple industries and in particular, the fields of electronics and transportation, are a very good fit for SolarEdge. We are confident that his insights and contributions will be meaningful for our board discussion,” stated Mr. Nadav Zafrir, Chairman of the Board.

Ms. Betsy Atkins, Chair of the Nominating and Corporate Governance Committee said, “Mr. Hoke’s appointment is the result of the Company’s commitment to continuously examine the composition of its Board and actively seek board members with innovative and diverse perspectives, skills and experience that can contribute to our Board in a meaningful way”.

About SolarEdge

SolarEdge is a global leader in smart energy. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, UPS, electric vehicle powertrains, and grid services solutions. SolarEdge is online at solaredge.com

SolarEdge Technologies, Inc.

Ronen Faier, Chief Financial Officer

+1 510-498-3263

investors@solaredge.com

Sapphire Investor Relations, LLC

Erica Mannion or Michael Funari

+1 617-542-6180

investors@solaredge.com

Source: SolarEdge Technologies, Inc.

FAQ

Who has been appointed to the board of SolarEdge Technologies?

Mr. Dirk Carsten Hoke has been appointed to the board of SolarEdge Technologies.

What is Dirk Carsten Hoke's background?

Dirk Carsten Hoke has over 25 years of experience, including his recent role as CEO of Airbus Defence and Space.

What is the significance of Hoke's appointment for SolarEdge?

Hoke's appointment is expected to bring innovative perspectives and enhance the board's expertise in electronics and transportation.

When was Dirk Hoke's appointment to the board of SolarEdge announced?

Dirk Hoke's appointment was announced on April 20, 2022.

SolarEdge Technologies, Inc.

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